Web3 Tokenization Accelerates as Janus Henderson Launches Nasdaq-100 Fund on Stellar

Tokenization is moving deeper into traditional finance as Janus Henderson launches a blockchain-based fund tracking the Nasdaq-100. The new JQQQ fund is built using tokenization infrastructure from Centrifuge and will initially be available to eligible professional investors outside the United States through the Stellar blockchain. The launch is another sign that Web3 infrastructure is increasingly being used for regulated investment products rather than only crypto-native assets. Janus Brings the Nasdaq-100 Onchain JQQQ is the first tokenized fund officially licensed to track the Nasdaq-100 Index. The index includes 100 of the largest non-financial companies listed on Nasdaq, including major technology groups such as Nvidia, Apple and Tesla. The fund has a minimum investment of $100,000 and is initially targeted at professional investors outside the US.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Daily.